Free Savings Goal Calculator

Free Savings Tool

Savings Goal Calculator

Find out exactly how much to set aside each month to reach your goal on time — with interest working for you. Free, no signup.

Your goal

$
$
%

Save this much

Save per month
$0
 
You’ll contribute
$0
Interest earned
$0
From current savings
$0
Your goal
$0
Assumes monthly compounding at a constant rate. Real returns vary year to year.

Want to track every account toward your goal? Drop your email, no spam.

Stay on track

Net Worth Tracker

A Google Sheets dashboard to track your savings, investments and net worth month by month — so you can see your goal getting closer.

How to hit a savings goal on time

This free savings goal calculator works backwards from the amount you want and the date you want it by, then tells you the monthly contribution you need — after accounting for the interest your money earns along the way.

Why does the monthly amount matter more than the goal?

Big goals feel impossible until you break them into a monthly number. Seeing “$420 a month” instead of “$30,000” makes the goal concrete and automatable — set up an automatic transfer and the habit does the work.

How much does interest help?

More than you’d think over several years. Money already saved keeps compounding, which lowers the monthly amount you need to add. Try raising the return rate above to see the effect.

Keep the momentum going

Once you know your number, the Net Worth Tracker lets you log your balances each month, and the Monthly Budget Tracker helps you free up the cash to hit it.